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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Income Taxes

The components of the (provision) benefit for income taxes consist of the following:

Schedule of Income Taxes 

		2022				2021
		Years Ended December 31,
		2022				2021
Current tax (provision) benefit:
Federal		$	-			$	-
State and local			(77	)			-
Total current tax (provision) benefit			(77	)			-
Deferred tax (provision) benefit:
Federal			12,593				18,028
State and local			3,506				4,440
Change in valuation allowance			(14,959	)			(20,794	)
Total deferred tax benefit			1,140				1,674
Total income tax benefit		$	1,063			$	1,674

Schedule of Components of Deferred Tax Assets and Liabilities

The components of deferred tax assets and liabilities were as follows:

Schedule of Components of Deferred Tax Assets and Liabilities 

		2022				2021
		As of December 31,
		2022				2021
Deferred tax assets:
Net operating loss carryforwards		$	51,023			$	41,806
Interest limitation carryforward			5,444				2,861
Tax credit carryforwards			264				264
Allowance for doubtful accounts			757				590
Accrued expenses and other			1,340				1,768
Lease termination			1,869				1,897
Liquidated damages			1,717				2,240
Unearned revenue			3,744				5,383
Stock-based compensation			6,931				4,779
Operating lease liability			118				165
Depreciation and amortization			3,706				3,029
Deferred tax assets			76,913				64,782
Valuation allowance			(65,406	)			(50,447	)
Total deferred tax assets			11,507				14,335
Deferred tax liabilities:
Prepaid expenses			-				(101	)
Acquisition-related intangibles			(11,972	)			(14,596	)
Total deferred tax liabilities			(11,972	)			(14,697	)
Net deferred tax liabilities		$	(465	)		$	(362	)

Schedule of Tax Benefit and Effective Income Tax

The provision (benefit) for income taxes on the statements of operations differs from the amount computed by applying the statutory federal income tax rate to loss before the benefit for income taxes, as follows:

Schedule of Tax Benefit and Effective Income Tax 

		Years Ended December 31,
		2022								2021
		Amount				Percent				Amount				Percent
Federal benefit expected at statutory rate		$	(14,375	)			21.0	%		$	(19,239	)			21.0	%
State and local taxes, net of federal benefit			(3,429	)			5.0	%			(4,440	)			4.8	%
Stock-based compensation			3,894				-5.7	%			4,882				-5.3	%
Unearned revenue			(696	)			1.0	%			(2,703	)			3.0	%
Interest expense			56				-0.1	%			64				-0.1	%
Liquidated damages			(760	)			1.1	%			-				0.0	%
Gain upon debt extinguishment			-				0.0	%			(1,201)				1.3	%
Other differences, net			(997	)			1.6	%			213				-0.2	%
Valuation allowance			14,959				-21.9	%			20,794				-22.7	%
Other permanent differences			285				-0.4	%			(44	)			0.0	%
Income tax benefit and effective income tax rate		$	(1,063	)			1.6	%			(1,674	)			1.8	%

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- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32639-109319

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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319

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- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319

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